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Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test
Palestinian media: Reports of stabbing operation in occupied al-Quds.
Israeli media: Sirens blare in Arava in South, near Ramon Airport.
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country

Netherlands: Inflation surpasses 10% for the first time since 1975

  • By Al Mayadeen English
  • Source: Agencies
  • 5 Aug 2022 08:26
2 Min Read

Energy prices increase by 108 percent in July compared to the same month the previous year, as per the Dutch Central Bureau of Statistics.

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  • The Dutch system of calculation recorded 10.3 percent inflation in July.
    The Dutch system of calculation recorded 10.3 percent inflation in July.

The Dutch Central Bureau of Statistics (CBS) reported that inflation in the Netherlands reached 10.3 percent in July for the first time since 1975.

Prices increased by 8.6 percent in June, as per the Bureau. Meanwhile, inflationary pressures are being driven by rising prices for energy, food, not to mention rent.

Energy prices increased by 108 percent in July compared to the same month the previous year, while food prices increased by 12.3 percent. Grain, dairy products, sugar, and ice cream are the food products with the greatest price increases.

The Dutch system of calculation recorded 10.3 percent inflation in July, while the EU method produced a higher figure: 11.6 percent.

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In the past few months, the US, the EU, and its allies have been initiating a series of campaigns against Russia.

Despite the sanctions and the partial embargo imposed on Russia's oil, the Russian economy has defied the odds in countering oppressive measures.

The IMF stated last week that Russia's economy looks to be weathering the storm better than predicted, owing to high energy prices and strong resilience of domestic demand as a result of government support.

However, sanctions against Russia proved to be devastating for its unintended targets, as the West and its peoples have been thrown into a recession.

Read more: Le Pen: End useless sanctions against Russia

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